The Union Cabinet has approved the six-laning of eastern peripheral expressway that would go a long way in easing air pollution in Delhi. The expressway will pass through Haryana and UP.
The Cabinet has also cleared to refurbish 400 decrepit railway stations using the Swiss Challenge method. This decision, Jaitley said, will promote encourage innovative ideas from interested parties at no cost to the railways
Apart from having business centres, shopping outlets, restaurants Wi-Fi-enabled waiitng lounges, the new look railway stations will have luxury hotels, multilevel parking, separate entry and exits.
Under this method, the government will invite bids from interested parties and once someone submits a bid, another party can suggest improvement or beat that proposal.
An expert committee will accept the best proposal and the original proposer will get a chance to see if it is an improvement on his proposal. In case the original proposer isn’t able to match the new one, the project will be awarded to the second proposal.
Railway minister Suresh Prabhu tweeted, “E-bidding process will be a transparent method. All bids will be done only through web-based bidding. The budgetary announcement will be fulfilled.”
Prabhu added, “This move is a big step towards passenger service, modernisation and job creation. Customer service is our priority.”
The expressway’s six-laning will cost Rs 7,558 crore, including Rs 1,795.20 crore for land acquisition, resettlement and rehabilitation and other pre-construction activities. The total length of the road will be 135km.
A senior railway official said private sector would be allowed to commercially exploit the real estate around the railway stations, especially those which are kin the midst of a city.